SEOUL, Jan. 3 (Korea Bizwire) – Samsung Electronics Co., the world’s largest memory chip maker, is expected to report a smaller-than-earlier operating income estimate due to the weakness of the U.S. dollar, industry sources said Sunday. According to the sources, Samsung, also the world’s largest smartphone vendor, is likely to report an operating income of [...]
SEOUL, Dec. 28 (Korea Bizwire) — South Korean retail investors have loaded up on shares in top-cap Samsung Electronics Co. this year, reaping a huge return on their investments, data showed Monday. Local individual investors had bought a net 14.7 trillion won (US$13.3 billion) worth of common and preferred shares in the global tech giant [...]
SEOUL, Dec. 23 (Korea Bizwire) — Samsung Electronics Co. is expected to remain the world’s leading TV vendor for the 15th straight year in 2020 on brisk demand caused by the coronavirus pandemic, a report said Wednesday. The South Korean tech behemoth is forecast to sell 49.02 million TVs this year after shipping 33.92 million [...]
SEOUL, Dec. 22 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Tuesday it has partnered with Samsung Electronics Co. and Kakao Corp., the country’s top mobile messenger operator, to develop an artificial intelligence (AI) platform to help combat the COVID-19 pandemic. The telecom operator said the three companies formed a joint [...]
SEOUL, Dec. 18 (Korea Bizwire) — Samsung Electronics Co. ranked second in the Indian smartphone market in October, a report showed Friday, as the world’s largest smartphone vendor led the midpriced segment. The South Korean tech giant accounted for a market share of 20.6 percent in India, the world’s second-largest smartphone market, in terms of [...]
SEOUL, Dec. 18 (Korea Bizwire) — Samsung Electronics Co. on Friday introduced new models of its Galaxy Book laptop series as the South Korean tech aims to boost personal computer (PC) sales amid the stay-at-home trend driven by the pandemic. Samsung said the Galaxy Book Flex2, Galaxy Book Flex2 5G and Galaxy Book Ion2 will [...]
SEOUL, Dec. 17 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will collaborate with International Business Machines (IBM) Corp. to develop enterprise solutions with cutting-edge technologies. With its U.S. partner, Samsung said it aims to provide enterprises with new 5G, edge computing and hybrid cloud solutions so that businesses can better manage their operations [...]
SEOUL, Dec. 16 (Korea Bizwire) — Samsung Electronics Co. on Wednesday denied rumors that it will discontinue the Galaxy Note series next year, saying the flagship phablet line will live on despite the rise of other premium devices. Speculation has arisen recently that Samsung may reconfigure its premium smartphone lineup with Galaxy Z foldables and [...]
SEOUL, Dec. 16 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. said Wednesday they have won dozens of honors at the Consumer Electronics Show (CES) 2021 Innovation Awards as the South Korean electronics giants vow to introduce cutting-edge technologies and products at the world’s largest tech expo. The CES Innovation Awards is an [...]
SEOUL, Dec. 16 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it plans to expand its foldable smartphone lineup next year and hinted that stylus support may be available to more Galaxy devices as the South Korean tech giant revealed its mobile business goals for 2021. Roh Tae-moon, who heads Samsung’s mobile communications business, said [...]